Alert icon
We're changing our privacy policy. This stuff matters.  Learn more  Dismiss

Consumer wallets slam shut

Loading...

Sign in or sign up now!
Alert icon
Upgrade to the latest Flash Player for improved playback performance. Upgrade now or more info.
5,461
Loading...
Alert icon
Sign in or sign up now!
Alert icon

Uploaded by on Jan 14, 2009

Jan. 14 - Retail sales fell sharply in December as consumers stayed home, pushing sales lower by 2.7 percent.

Category:

News & Politics

Tags:

License:

Standard YouTube License

  • likes, 2 dislikes

Link to this comment:

Share to:

Top Comments

  • Well isn't this funny. They expected us to spend more up by 2.2. Ha and where were we supposed to get the money to spend more? The gas prices through the roof, food prices not far behind and mortgage resets just waiting to swallow homeowners alive. People struggled through spring, summer and fall before anything was done to bring the gas prices down. That doesn't help those who had to use their savings to make ends meet. And what of those who had no savings? Sickening what greed does.

  • There was incredible credit expansion in the last 8 years or so. In fact, this all started around the early 90s when credit limits rose on credit cards along with loose credit practices. Many businesses had expanded, because of these sales made on credit. Business will have to contract, because the sales of the past were not REAL purchases. They were loans---now past due.

see all

All Comments (32)

Sign In or Sign Up now to post a comment!
  • Can you really slam a wallet shut? I tried, it just looked like I was closing it quickly with rage...

  • im glad they have a youtube page.

    Everytime i would watch Reuters videro on my home page it would buffer & load & then there would be Advertisments.

    on here it plays rightaway & alot smoother

  • you didn't bought

  • big deal...you don't bought 2 extra pairshoes or another brand new gaming console..so sad...come on do you really need does those gadgets or expensive clothes or jewelry to live? Americans been spend too much or waste so much money!!! to me those drops are actually good sign because now consumers are now think b4 they buy.

  • these #s are a lie, not even close, try 20%-

  • so just about a 3% drop will cause hundreds of thousands of stores to close down?

  • fuck u hippe bitch fucking u......ughhhh fuck u....go suck a dick

  • Why don't the deadbeats get an education and learn a trade, stop having keeeeds, and plan for their future?

Loading...

Alert icon
0 / 00Unsaved Playlist Return to active list
    1. Your queue is empty. Add videos to your queue using this button:
      or sign in to load a different list.
    Loading...Loading...Saving...
    • Clear all videos from this list
    • Learn more